Published On:January 18 2014
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Shell to sell $15 billion worth of assets including some North Sea fields: Report.
Royal Dutch Shell could look to sell $15 billion worth of assets over the next two years including some North Sea fields, said a media report, expanding on its existing guidance that divestment's would accelerate this year.
Shell, whose new chief executive Ben van Beurden took over recently, will sell some of its North Sea oil fields as well as parts of its refining portfolio and some early-stage projects, reported Financial Times, citing a person close to the company.
The oil company, the world's number-three among investor-controlled energy firms, declined to comment on the report.